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Thread: Elliot Wave Trading
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  #501 (permalink)  
Old 09-11-2007, 11:24 AM
Jamie Saettele Jamie Saettele is offline
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Jamie Saettele is an unknown quantity at this point
The bearish triangle interpretation is certainly a possibility but also consider a bullish triangle with the initial rally from 219.30 as larger wave A and the triangle as wave B. A terminal thrust higher in wave B would be the end result under this count before the larger decline resumes.
 


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